“3D printing has the potential to change everything” Forbes.com by Brad Hart
We’re 3D printing’s biggest fans
We are passionate believers in the value of 3D printing, and in the change it can bring to the world.
3D Printing creates real, solid objects one layer at a time using digital data. 3D printing may therefore soon do for manufacturing and medicine, what computers and the Internet have already done for the creation, processing and storage of information.
Along with its high customization, 3D printing offers enormous potential to minimize the costs of mass production, and even bring a lot of that production back to the domestic economy.
The Economist compares this disruptive invention to the steam engine and the printing press. Business Insider says it’s “the next trillion dollar industry.” And everyone from BMW, to IKEA, from Nike to the U.S. Air Force is already using it every day.
To give you an impression what the fuss is all about, check out the video below.
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3D printing market will be much bigger than what industry consultants estimate
Recently Bloomberg noted that 3D printing industry is projected to be worth a staggering $3 billion by 2016. And Goldman Sachs describes 3D printing has the potential to offer high degrees of customization, reduced costs for complex designs, and lower overhead costs for short-run parts and products. Goldman notes that currently the 3D printing industry is a $2.2 billion market, and its revenues will reach $10.8 billion by 2021.
Credit Suisse sees a 30% compound annual growth rate each for 3D printing’s expansion into aerospace and health care. But the most rapid expansion of 3D printing will come from personal use, notes the team.
The consumer market is the fastest-growing portion of the 3D printing market, with expectations for 100%+ YoY growth.
Here’s the chart:
Source: Business Insider
Free 3D models
Once you have a 3d printer, you’ll need some content to start printing. We have a list of repositories that have free and paid 3d models ready for 3d printing: Free 3D models
Design your own product
Companies like 3D Systems, Stratasys, The ExOne and Organovo are well known names in the 3D Printing world. They’ve garnered much attention from consumers and investors as of recent, as the industry is set to explode. Here’s a look at real-time stock prices for some of the more popular 3D printing stocks: 3DP stocks chart